After five years of working on a deal to bring the Four Seasons Hotel and Private Residences to Denver, developers Jeff Selby and Michael Brenneman broke ground Monday on the $300 million project.
The 45-story Four Seasons will stand about 600 feet high at the corner of 14th and Arapahoe streets downtown.
Denver Mayor John Hickenlooper called the Four Seasons a “legacy” project.
“This will cement our status as the Rocky Mountain center for finance and commerce,” Hickenlooper said.
The building will have 240 hotel rooms and 102 private residences ranging from 1,000 square feet to 6,100 square feet.
The hotel also will include a restaurant, bar, fitness center, spa and rooftop pool, and about 16,000 square feet of meeting space. The project is expected to be completed by spring 2010.
Within the first 10 years, the project is expected to have a $100 million economic impact, stemming from sales taxes, property taxes, and room and lodging taxes. More than 1,000 jobs will be created.
Staff writer Margaret Jackson can be reached at 303-954-1473 or mjackson@denverpost.com.
